Scorsese and DiCaprio Reunite for ‘Wolf of Wall Street’

The actor and director's fifth collaboration tells the story of a self-destructive, drug-addicted stock trader. Sounds plausible.

Academy Award-winning director Martin Scorsese sure seems to think Leonardo DiCaprio is a good fella: the director and star have announced their fifth collaboration together after previously teaming on Gangs of New York, The Aviator, The Departed and Shutter Island. Based on the memoir by Jordan Belfort, The Wolf of Wall Street will star DiCaprio as a Wall Street trader whose drug addiction and over-the-top lifestyle prove his undoing. No word on a start date yet, but more news is expected to come out of the upcoming Cannes Film Festival. Deadline shined a light on the story.

The project has been gestating for a while now, with both Scorsese and DiCaprio previously attached but eventually departed to other projects like the thriller Shutter Island, a very successful film that had both the actor and director seeing the color of money. Ridley Scott was the next director to circle the project until he decided instead to helm his Alien prequel Prometheus. The memoir’s author Jordan Belfort, who has been sober for 14 years, praised the filmmakers attached the project, stating "They’re the ultimate dream team, and it was definitely worth the wait."

Unfortunately it looks like we’ll be waiting a while. Scorsese still has to complete production on his 3D children’s book adaptation Hugo Cabret, and is scheduled to direct the Christian missionary drama Silence immediately afterward, set in 17th century Japan. Meanwhile, DiCaprio is set to continue his titanic winning streak with Clint Eastwood’s biographical picture J. Edgar, about the controversial head of the CIA.

CraveOnline will bring you more Wolf of Wall Street news as it rages bullishly towards us.